How does Bhutan plan to pivot its industrial development towards clean power and attract clean industries?

 In our pursuit of sustainable development and environmental conservation, Bhutan has set forth ambitious plans to pivot its industrial development towards clean power and attract clean industries. Here are some initiatives and strategies that Bhutan is implementing:


1. Renewable Energy Expansion: Bhutan is blessed with abundant hydropower resources. To leverage this advantage, we are expanding our renewable energy sector by constructing more hydropower plants. These plants not only generate clean electricity but also provide a reliable and sustainable source of power for industries. The surplus electricity can be exported to neighboring countries, further boosting our economy.


2. Incentives for Clean Industries: Bhutan offers attractive incentives and benefits to lure clean industries to our country. These incentives include tax breaks, reduced tariffs on imported clean technologies, and simplified administrative procedures. By creating a favorable business environment, we aim to attract industries that align with our clean and sustainable development goals.


3. Green Industrial Zones: Bhutan plans to establish green industrial zones that prioritize environmentally friendly practices. These zones will provide infrastructure and facilities to support clean industries, such as waste management systems, renewable energy infrastructure, and eco-friendly transportation options. By clustering clean industries together, we can foster collaboration and knowledge sharing while minimizing environmental impact.


4. Skill Development and Capacity Building: To support the growth of clean industries, Bhutan is investing in skill development and capacity building programs. We are providing technical training and education in renewable energy technologies, sustainable manufacturing practices, and environmental management. This ensures that our workforce possesses the necessary skills to drive the clean industrial transition.


5. Research and Development: Bhutan emphasizes research and development in clean technologies. We collaborate with international partners and institutions to explore innovative solutions for sustainable industrial development. By investing in research and development, we aim to foster technological advancements that can attract and support clean industries.


6. Sustainability Certification and Standards: Bhutan is implementing sustainability certification and standards for industries to ensure adherence to environmental and social responsibility. These certifications and standards will help attract clean industries that prioritize sustainable practices and hold them accountable for their environmental impact.


7. International Collaboration: Bhutan actively engages in international collaboration and partnerships related to clean industrial development. We seek knowledge sharing, technology transfer, and financial support from international organizations and countries that are leaders in clean industries. This collaboration enhances our capacity to attract clean industries and accelerate our transition towards a clean and green economy.


By strategically aligning our industrial development with clean power and sustainable practices, Bhutan aims to create a thriving economy while preserving our pristine environment. We believe that attracting clean industries will not only contribute to economic growth but also promote social well-being and environmental stewardship.


Best regards,


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